Them: WHAT IS BITCOIN? Me: So Bitcoin is actually a decentralized, peer to peer... Them: NO!! EXPLAIN IT TO ME LIKE I'M FIVE YEARS OLD! Me: Ok, no problem, here we go... 👇 A THREAD //
25
133
398
0
230
Download Image
PART 1: What is money? To understand what Bitcoin is, we first need to understand what money actually is. Money is 2 main things: 1. A store of value - I know that if I have a $20 bill, that really means that I have $20 USD worth of value that is being stored.